AUDND: Drop is coming based on fundamentals and price action
Here as you can see the market breaks sharply the previous low(support) and now it's going for re-test.
After the morning announcement for the second bond purchase the AUD lost a lot of strength
and the potential for a drop is high.
--> Wait for the market to re-test the resistance and SHORT THE TOP ! ! !
After the morning announcement for the second bond purchase the AUD lost a lot of strength
and the potential for a drop is high.
--> Wait for the market to re-test the resistance and SHORT THE TOP ! ! !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.